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A fixed-income portfolio manager sets a minimum acceptable rate of return on the bond portfolio at 4.4% per year over the next 5 years. The

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A fixed-income portfolio manager sets a minimum acceptable rate of return on the bond portfolio at 4.4% per year over the next 5 years. The portfolio is currently worth $10 million. One year later interest rates are at 5.4%. What is the portollo value trigger point at this time that would require the manager to immunize the portfolio? Multiple Choice. $12.402.307 $10.049.398 $9534,533 510,440.000

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